Complaint Review: NH-Krystal Cancun Time Share

On April 25th to May 2, 2008 my wife and I vacationed in Cancun, Mexico.

We have been owners of Krystal Timeshare in Puerto Vallarta since 1993.

On April 27th, my wife and I attended a preview of their new timeshare renovations in Cancun. They offered to buy our Timeshare in Puerto Vallarta that was paid in full and pay us $21,000 in a 3 month period and the rest of of the $17,000 within a year after those payments. The salesperson, Mr. Serpen assureed us that after I made 3 payments of $299 (which was to cover the loan) we would receive a sum of $21,000. I repeatly told him my wife and I were retired and on a fixed income. WE WERE SCAMMED! We have paid over $600/monthly to date and have not received the $21,000 they promised. We have made numerous attempts to contact them to cancel our contract and have been ignored. Economic times are hard for many, especially for my wife and I who are retired. We are perplexed why BANK OF AMERICA would affilate themselves by approving loans with a Company that has numerous disputes against them.

We share our message -our SCAM with all of you - pass the word - BEWARE!

We will continue to fight for what is right and spread the word making it more difficult for others to be scammed!

Jessie
Las Vegas, Nevada
U.S.A.